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Looking at the session for Tuesday, we anticipate that the market should continue many of the themes that we have seen recently. Because of this, we believe that you US stock markets in general should continue to go higher, and look at pullbacks as potential call buying opportunities as the markets all seem fairly well supported. With that, we have no interest in buying puts whatsoever.

1 – We believe that the US dollar may get a little bit of a move in its favor, as we continue to see quite a bit of choppiness and volatility when it comes to the Forex market. With fact, we believe it’s only a matter of time before Forex markets turned back around and forth as we have more than enough reason to believe that this should continue.

2 – Precious metals fell again during the session on Monday, and it appears that they are going to continue to go lower. This is right in line with the US dollar strengthening, so having said that we believe that it makes sense that this should continue. We believe that the gold markets are essentially breaking down at the moment, and as a result it’s only a matter of time before rallies offer put buying opportunities as well. Ultimately, we would have to wait for longer-term buying opportunities in order to turn things back around.